I have created a new user on the localhost but it keeps error'ing out on 127.0.0.1 Permission Denied

[testdbadmin@localhost vertica]$ /opt/vertica/bin/adminTools -t create_db -d test_stat -s 127.0.0.1 -l /usr/local/tester/vertica/Test_00003184_1TB.dat --skip-fs-checks
Info: no password specified, using none
Database with 1 or 2 nodes cannot be k-safe and it may lose data if it crashes
Distributing changes to cluster.
Error: The following nodes(s) could not be prepared:
Failed to prepare a host for database participation.
See /opt/vertica/log/adminTools.log for details. Host hints follow.
127.0.0.1 Permission Denied

Then check the /opt/vertica/config/admintools.conf file again to make sure it is correct.

If you don't want to so that, you can log in as the svdbadmin user directly (don't su to it)... Then run the create db command specifying the data and catalog path for your new database using the -D and -c parameters: